Dollar General | Memphis, TN (3rd Street) Listing Details & Market Data

The subject property is located along South 3rd Street (also known as historic Highway 61) just off the corner of W Mitchell Road in the southwest portion of Memphis, TN. The 3rd Street Dollar General benefits from high traffic counts, approximately 34,403 AADT near the store. The property is just minutes away from the Memphis International Airport and is just south of the I-55/I-240 interchange. The subject property is also just around the corner from Graceland, the home of Elvis Presley. Memphis is in the southwestern corner of Tennessee and the county seat of Shelby County. The city is located on the fourth Chickasaw Bluff, south of the confluence of the Wolf and Mississippi rivers. Memphis had a population of 631,612 per the 2020 census, making it the second largest city in Tennessee, behind Nashville. Memphis is famous for the influential strains of blues, soul, and rock 'n' roll that originated there. Elvis Presley, B.B. King, and Johnny Cash recorded albums at the legendary Sun Studio, and Presley’s Graceland mansion is a popular attraction. Three Fortune 500 companies, FedEx, AutoZone, and International Paper Co. all call Memphis home.